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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 498 · 40 questions
TalentJR

Business tip (Save, grow, borrow carefully): Saving keeps money for later; reinvesting puts profit back into the business; spending uses it on yourself. Part of the profit = profit × percent ÷ 100. Simple interest = P × R × T ÷ 100; amount to pay back = loan + interest. Borrow only with your parents.

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  1. 1.Diya’s stall made a profit of ₹600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  4. 4.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) a new video game (d) more seeds for next time
  5. 5.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
  6. 6.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  9. 9.Kabir’s stall made a profit of ₹700. Kabir saves 50% of it. How many rupees are saved?
  10. 10.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) an emergency fund (d) sweets for yourself
  11. 11.Lakshmi’s stall made a profit of ₹700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  14. 14.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.Farhan’s stall made a profit of ₹1200. Farhan saves 10% of it. How many rupees are saved?
  16. 16.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) an emergency fund (d) better paint for cards
  17. 17.Riya’s stall made a profit of ₹300. Riya saves 50% of it. How many rupees are saved?
  18. 18.Kabir’s stall made a profit of ₹500. Kabir saves 20% of it. How many rupees are saved?
  19. 19.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) more seeds for next time (d) a cinema ticket
  20. 20.Riya’s stall made a profit of ₹1400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  22. 22.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.Saanvi’s stall made a profit of ₹200. Saanvi saves 50% of it. How many rupees are saved?
  25. 25.Riya’s stall made a profit of ₹2000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Meera’s stall made a profit of ₹800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  29. 29.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) sweets for yourself (d) better paint for cards
  31. 31.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) more seeds for next time (d) an emergency fund
  33. 33.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.Aarav’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
  36. 36.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.Kavya’s stall made a profit of ₹1000. Kavya saves 10% of it. How many rupees are saved?
  38. 38.Ananya’s stall made a profit of ₹1400. Ananya saves 20% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Kavya’s stall made a profit of ₹200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 300
  2. 6
  3. to keep trust
  4. a new video game
  5. for bad days and goals
  6. 162
  7. 35
  8. spending
  9. 350
  10. buying a second juicer
  11. 490
  12. spending
  13. saving
  14. 10
  15. 120
  16. an emergency fund
  17. 150
  18. 100
  19. profit put in a bank
  20. 560
  21. reinvesting
  22. 212
  23. 16
  24. 100
  25. 1000
  26. 200
  27. 456
  28. putting profit back in
  29. 50
  30. sweets for yourself
  31. 42
  32. more seeds for next time
  33. 228
  34. 180
  35. the cost of borrowing
  36. 106
  37. 100
  38. 280
  39. 208
  40. 40

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